Energy Installed Capacity 4.8 MW Economic Ownership 48.0% SCOD 31 December 2019 PEA PPA 4.0 MW / 20 years % Progress 50.7% Progress on track B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and

synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA

Recovery Unit โดยการเข้าซ้ือหน่วยผลิตไฟฟ้า (Energy Recovery Unit:“ERU”) ซ่ึงเป็นส่วนหน่ึงของโครงการพลงังานสะอาด (Clean Fuel Project : “CFP”) ของบริษทั ไทยออยล ์จ ากดั (มหาชน) (“ไทยออยล์”) เพ่ือรับโอนกรรม

Energy Services Co.,Ltd. (Paju ES) (EGCO holds a 49.00% ownership interest), located in Gangdong-gu, Seoul, South Korea with a capacity of 19.80 MW. Gangdong will sell electricity to Korea Electric Power

Power Synergy Public Company Limited (GPSC) (“The company”) completed the acquisition of a portion of Glow Energy Public Company Limited (“GLOW”). The Company purchased 1,010,976,033 shares or 69.11% on

before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and

or 97.0 percent of which profit attributable to the equity holder of the Company was 14.8 million baht. The weaker net profit was mainly due to substantial increase in fuel costs and excise tax on fuel

Sakhon 74110 Thailand. E-mail: aienergy@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited ทะเบียนเลขที ่ 0107556000311 AIE 041/2020 24 February 2020 Subject

Page 1 Enclosure 5. Information Memorandum on the Acquisition of Assets of Safari World Public Co., Ltd.; An increasing of investment cost (No. 2) Enclosure 5. Information Memorandum on the Acquisition of Assets of Safari World Public Company Limited; An increasing of investment cost in Carnival Magic Project. (No.2) Safari World Public Company Limited (“The Company”), would like to notify the information memorandum regarding the acquisition of the company's assets as specified in account 2 in a...

employee incentive programs. On the variable cost side fuel costs were higher than in the same period last year and also in fixed costs related to production maintenance cost increased due to the earlier